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Forex Trend Analysis Report

Prepared for you on Tuesday, November 28, 2023.

Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)

Weak Downtrend (-65) - SARJPY is showing signs of a strengthening downtrend. Monitor SARJPY as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SARJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for SARJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SARJPY
Open High Low SARJPY Price Change
39.512669 39.639880 39.293332 39.315322 -0.197347
Entry Signal

MarketClub’s Trade Triangles for SARJPY

long term up The long-term trend has been UP since Mar 8th, 2023 at 36.700752

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2023 at 39.671865

short term down The short-term trend has been DOWN since Nov 14th, 2023 at 40.344434

Smart Scan Analysis for SARJPY

Based on our trend formula, SARJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SARJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.512669 39.639880 39.293332 39.315322 -0.197347
Prev. Close Volume Bid Ask Time
39.512669 2023-11-28 14:49:26
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